GenPlus
Latest income
£924k
Latest spending
£900k
Accounts read
FY2024
Financial health, per FY2024 accounts
The accounts state that the charity reported a surplus of £23,406 for the year ended 31 December 2024, with unrestricted funds totaling £478,064. The trustees maintain a reserves policy targeting three months of annual operating budget, and the auditor confirmed there are no material uncertainties regarding the charity's ability to continue as a going concern.
What the accounts disclose
Highest-paid employee band: £110,001 - £120,000
“The number of employees whose annual remuneration was more than £60,000 is as follows: £70,001 to £80,000 £80,001 to £90,000 £110,001 to £120,000” — page 24
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Donation from Peter Vardy Foundation SCIO
“During the year the charity was awarded a donation of £838,825 (2023: £1,122,605) from the Peter Vardy Foundation, a charity in which Trustees and are also Trustees. £2,670 (2023:£7,050) of this donation was outstanding at the year end and is included within debtors.” — page 30
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Payments made on behalf of charity by Peter Vardy Limited
“During the year the charity was awarded a donation of £838,825 (2023: £1,122,605) from the Peter Vardy Foundation, a charity in which Trustees and are also Trustees. £2,670 (2023:£7,050) of this donation was outstanding at the year end and is included within debtors.” — page 30
Per FY2024 accounts as filed with OSCR.
Related-party transaction: Remuneration to sibling of a Trustee
“During the year the charity was awarded a donation of £838,825 (2023: £1,122,605) from the Peter Vardy Foundation, a charity in which Trustees and are also Trustees. £2,670 (2023:£7,050) of this donation was outstanding at the year end and is included within debtors.” — page 30
Per FY2024 accounts as filed with OSCR.